Category: Managing Suppliers & Payments
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Getting paid when selling overseas
Timely payment is essential for your business, and the risks of late, or even non payment can sometimes be greater when doing business internationally. It is important that you use proper credit control procedures when doing business anywhere. Doing business abroad involves additional risks and the cost of taking legal action when things go wrong.…
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Manage your suppliers
Finding reliable and competitively priced suppliers is vital to the success of your business. Your initial focus may well be on negotiating the right price and other elements of the purchase agreement. But in the longer term, strong relationships and a collaborative approach can have more impact on the overall success of your supplier management.…